🚀 $ACE /USDT Technical Outlook – 4H Chart

ACE is attempting a trend reversal after finding support around $0.52 and printing a series of higher lows. Price is currently sitting at $0.575, battling with the triple moving average cluster.

🔎 Key Technical Setup:

The EMAs (7/25/99) are compressing tightly — a breakout from this compression zone often leads to strong directional moves.

Momentum is building, but confirmation is needed from a clean candle close above $0.580–0.585.

🎯 Potential Targets (If Breakout Holds):

🔹 Target 1: $0.595 – Local resistance from previous consolidation zone. Minor TP for scalpers.

🔹 Target 2: $0.615 – High from early June. Psychological level + prior breakdown candle area.

🔹 Target 3: $0.648 – Gap fill target + technical extension if bullish momentum accelerates.

🧨 Downside Risk:

If the price gets rejected at $0.580 and closes below $0.562 again, expect a pullback to the $0.540–$0.525 demand zone. Losing that level would invalidate the bullish structure.

Summary:

“ACE is approaching a decision point. Break above $0.585 and we may see a 10–15% rally. Fail to hold $0.562 and it risks another flush toward $0.52.”

Bias: Cautiously Bullish

Invalidation: 4H close below $0.54

Momentum Watch Level: $0.585+

⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!